The Jacksonville Jaguars are showing their appreciation for quarterback Trevor Lawrence by finalizing a contract extension that matches the record for the longest deal ever signed in the NFL.
Related: The 49ers also make headlines with a record-breaking extension for star RB Christian McCaffrey.
Exciting news for #Jaguars fans as Trevor Lawrence secures a 5-year contract extension worth $275M – that’s $55M annually, with $200M guaranteed and $142M fully guaranteed. Lawrence’s Agent Jay Courie confirmed the deal. 💰
— Ian Rapoport (@RapSheet) June 13, 2024
Sportswriter Ian Rapoport first reported the agreement, highlighting Lawrence’s lucrative deal, which now matches the one signed by Joe Burrow, the quarterback for the Cincinnati Bengals.
With this agreement, Lawrence joins Burrow as the only NFL quarterbacks earning over $55 million per year, with Lions’ QB Jared Goff close behind at $53 million annually.
Since being drafted as the first overall pick in 2021, Lawrence has proven himself as the Jaguars’ cornerstone quarterback, amassing impressive stats and showcasing exceptional talent.
His successful campaigns in 2022 and 2023, including a Pro Bowl selection, have solidified his value to the Jaguars, leading to this contract extension that secures him with the team until 2028.
At just 24 years old entering his fourth NFL season, Lawrence’s consistent performance of throwing over 4,000 yards per season at such a young age demonstrates his potential. While he may need to work on reducing interceptions, his future with the Jaguars looks promising.
Does Lawrence deserve a salary on par with Joe Burrow? Time will tell, but his trajectory suggests he is on the right path. The Jaguars and Lawrence seem poised for success in the seasons to come.